41 Spences Lane

    41, SPENCES LANE, LEWES, BN7 2HF

    This terraced freehold property on Spences Lane last sold in September 2013 for £264,000. Based on price growth in the BN7 district since then, its estimated current value is £424,062 — placing it in the 71st percentile nationally and the 35th percentile within BN7. The property covers 82 m² (883 sq ft), giving an estimated value of £5,171 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    883 sq ft

    82 m²

    Last Sale Price

    £264,000

    Sept 2013

    Estimated Valuation

    £424,062

    Est. £/sq ft

    £480/sq ft

    £5,171/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area883 sq ft (82 m²)
    EPC dateFeb 2013
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 Sept 2013

    £264,000

    Key Metrics

    Estimated valuation£424,062
    Value per sq ft / m²£480/sq ft (£5,171/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    BN7 district percentile35th percentile
    National percentile71st percentile

    District Context — BN7

    BN7 covers the Newhaven and Peacehaven area on the East Sussex coast, between Brighton and Eastbourne. It is a seaside neighbourhood with a mix of established residential communities and coastal character.

    Average Property Price - BN7

    £545,197

    85

    National percentile

    Average Net Household Income - BN7

    £45,597

    77

    National percentile

    10-Year Annualised Price Growth - BN7

    3.0%

    28

    National percentile

    10-Year Annualised Rent Growth - BN

    3.8%

    48

    National percentile

    View full analysis for BN7

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